Retail Insurance Agent

Farmers Insurance, District 79; El Paso (TX); On-site; USD 30,000 - 90,000; Full time

Benefits offered by this job

Signing bonus of $5,000

Monthly lead opportunity credits up to $500

Annual bonuses based on net new business commissions

Annual Bonus

Commission-based bonuses

Job summary

A leading insurance company is seeking a Farmers Insurance Retail Agent in El Paso, Texas. This role presents an entrepreneurial opportunity to manage your own agency, supported by robust resources. Ideal candidates will have a minimum capital requirement of $100,000 and must complete the necessary licensing and training to ensure compliance. The position offers attractive benefits, including bonuses and monthly lead opportunities, making it a fulfilling career choice in the insurance sector.

Qualifications

• Minimum capital requirement of $100,000.
• Satisfactory results of background check.
• Required licenses: Property, Casualty, Life, and Health.

Responsibilities

• Manage your own agency with robust support.
• Lead a dynamic team and create your business.
• Participate in the training program from the University of Farmers®.

Education

Property, Casualty, Life, and Health licenses

Job description

Overview

Join us as a Farmers Insurance Retail Agent, where you will have the chance to manage your own agency while benefitting from the robust support and resources of one of the country's most esteemed insurance brands. This is an entrepreneurial opportunity tailored for ambitious and motivated individuals looking to create their own business, lead a dynamic team, and pursue a fulfilling long-term career in the insurance sector.

Requirements

• Capital Requirement: Minimum of $100,000
• Background Check: Satisfactory results of background check
• Licensing and Training: Property, Casualty, Life, and Health licenses prior to full-time agent appointment;University of Farmers® training program
• Branded Office Location: Office location at time of full-time appointment; Fully equipped and compliant with Farmers® brand standards
• Agency Staff: Minimum of two licensed and appointed agency staff members at full-time appointment

Benefits

• Economic Interest: Contract Value according to the terms of the appointment agreement
• Sale of Service and Commission Rights: Opportunity to sell service and commission rights
• Exterior Branding Bonus: Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount
• Signing Bonus: $5,000 bonus following full-time appointment
• Bonus Based on Reserve Net NB Commissions: One-time bonus based on applicable net new business commissions while on the Reserve Agent Program; subject to specified maximum amount
• Monthly Lead Opportunity Program: Up to $500 per month in Agency Growth Program lead opportunity credits if program qualification goals are met
• Monthly Bonus Based on Net NB Commissions: Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years; bonuses based on Life and Commercial commissions subject to specified maximum amounts
• Annual Bonus Based on Net NB Commissions: Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years; bonuses based on Life and Commercial commissions subject to specified maximum amounts